Rodizio Grill is going back to the region where it all began.
Founder and President Ivan Utrera opened the first location of the Brazilian steakhouse chain in Littleton in 1996. The company has since expanded to 21 locations—including Lodo and Fort Collins—and moved its headquarters to Utah.
That Littleton location closed after a decade when its lease expired. But Rodizio is now returning to the southern suburbs after paying $3.3 million in early July for the building at 7340 S. Clinton St. in Englewood.
“Over the years, our guests have told us that they would love for us to have a location in the southern suburbs once again,” Utrera said in a response provided by a spokesperson. “We are thrilled to finally make that dream come true and open at the Tech Center.”
Rodizio’s 22nd restaurant is expected to open this fall, according to the company, which says it was the first Brazilian “churrasco” steakhouse to open in the United States. The meat is traditionally carved tableside dressed in “gauchos”.
The building — formerly home to the Urban Sombrero sports bar and an Asian restaurant called Purple Ginger — measures 10,136 square feet, fetching a bargain $326 per square foot. Cerro Real Estate broker Ross Etheridge represented Rodizio in the purchase of Englewood.
Englewood Building’s vendors, Kam Choi and Zhijuan Choi, paid $2.3 million for it in 2010, records show. Raymond Evans of Berkshire Hathaway Rocky Mountain represented the seller.
Utrera notes that Rodizio previously owned the unit where his downtown Denver restaurant operates at 1801 Winkop St. It sold the unit in 2015 for $6 million, signing a lease with the new owner.
“Along with the proceeds of the sale, we intend to invest in other properties,” Utrera said. “Since then, we’ve been waiting for the right location to be available.”
Both Downtown and Englewood Restaurants are corporate-owned. Owned by a franchisee in Fort Collins.